elCoin
Tool to confirm transfer of values (cryptocurrency)
ElCoin is a digital token of Elephant contracts in Ethereum network. It’s a settlement unit valid within the contract. ElCoin features the following:
- Transactions confirmed in around 12 seconds
- PoS reward of up to 50% annually for wallet’s minimum balance in 10 days
- Convenient and secure web wallet and Android app
- Low transaction fees
Specifications
- elCoin Ethereum smart contract
- Transaction confirmation time: 12+ seconds
- Base Ethereum algorithm
- Consensus algorithm: Proof of Stake (PoS) + Proof of Transaction (PoT)
- Premining: 20 million elCoin
- Maximum quantity of coins: unlimited (issuance depends on network activity, 10% annually at most)
- PoS – 50-10% during 2,550 days
- PoT – unlimited. Rewards of 200 ELC generated every 100,000 transactions.
- Issuance details
- Network fees for each transaction: 0.1% but at least 0.03 ELC and 7 ELC at most.
- Fee details
- Network’s first transaction: 12 December 2015
Wallets
WEB
Android
Windows, iOS, OSX, Linux: coming soon
Resources
Website
Wiki
Whitepaper
Block explorer
Forum
Blog
Information about the cryptocurrency ElCoin(ELPC)
elcoin web wallet (in web wallet you can change btc for elpc)
elcoin android wallet
List of stock exchanges and exchangers reviews
Presentation_en
Whitepaper_en
GitHub
Exchange
c-cex.com
livecoin.net
coinmarketcap.com/currencies/elcoin-el
dex-trade.com
One of our main goals is to enter the Poloniex.com.
Here is new links:
news ab elcoin (of. site)
elFoundation (main info on russian only)
elWiki (integration in Russian only)
Verified all elCoin contracts. Links:
ElCoin
ElCoinDB
PosRewards
PotRewards
Публикации
Why have included a commission?
As you know elcoin working on blokcheyne Ethereum, where all transactions are paid for each entry in the sender's address with blokcheyn removed Gas - it is a kind of fuel Ethereum network. Together with the transaction to provide additional information on how to address what, where and how much was sent elCoin or other service information. More...
Accrual algorithm. Or, as in the network there are new elCoin.
Digital token elCoin has a sophisticated algorithm calculation of remuneration. Symbiosis PoS (Proof-of-stake), to motivate participants to store tokens and PoT (Proof-of-Transaction), to motivate the use of the token on the market.
More...
Elephant Platform Announces Ethereum-Based Cryptocurrency elCoin
Elephant, a multi-functional economic platform, has launched elCoin, a cryptocurrency based on the Ethereum project. The cryptocurrency is the first to launch worldwide built on smart contract and blockchain technologies. The unit cost of 1ELC is set at 2,5 EUR at the crowd sale stage. More...
Elephant Platform Announces the Launch of elCoin — Ethereum-based Digital Currency
On December 15 the multifunctional economic platform Elephant launches a smart contract elCoin based on Ethereum project: the first currency available worldwide that is built on Blockchain and Smart Contract technologies. elCoin unit cost (1ELC) at the crowd-sale stage is set at 2,5 EUR. More...